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The harsh truth about bargain hunting for Los Angeles fixer homes...
The harsh truth about bargain hunting for Los Angeles fixer homes: advice to beginners...
Most of you will agree with me, that all home buyers want, is to get a good value when purchasing their home. This is not just the Los Angeles home buyer’s phenomenon, it is prevalent all around the country.
So, with that said, who should be buying a fixer home? There are many factors to consider. Buying a fixer home is not for everyone.
 First, the potential buyer needs to have access to a team who can fix, repair, replace things on an as needed or better stated on a must needed basis.  In addition, the person should have either a good solid cash reserve or a partner with deep pockets. If either or both are lacking, then the potential buyer should check with a good lender about 203k loans (remodeling loan). I would suggest that, should be the first step, before even looking for a fixer home in Los Angeles.
The second factor and equally important aspect, is to have a great vision. I am not suggesting of having rose colored glasses, rather someone who can see past clutter. Someone who can see and differentiate between, what is a cosmetic ... more

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